===================Program Starting: Thu Feb 29 18:13:33 2024

------ Estimated Model parameters------
             betapar		   0.973900000000000
              Etapar		   0.035000000000000	   0.019500000000000	   0.013500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.214468075000000	   0.240452275000000	   0.279527000000000
            gmapping		   2.179000000000000	   2.443000000000000	   2.840000000000000
               meang		   0.098425000000000
              kappaE		   0.280000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.890000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.700000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.900000000000000
                sigz		   0.418500000000000
                 PiZ	    0	   0.560778726130851	   0.259823617434122	   0.133150291002764	   0.039046841213730	   0.006540976338574	   0.000624569420485	   0.000034978459473	
                 PiZ	    1	   0.296220025238117	   0.294507026079130	   0.249194329875607	   0.120777504252425	   0.033492649260292	   0.005304420288587	   0.000504045005842	
                 PiZ	    2	   0.110560973209393	   0.212616645309335	   0.296977216213190	   0.237671988222660	   0.108944525314200	   0.028568040727306	   0.004660611003916	
                 PiZ	    3	   0.027951001361554	   0.097723609057729	   0.225422787980110	   0.297805203201214	   0.225422787980110	   0.097723609057729	   0.027951001361554	
                 PiZ	    4	   0.004660611003917	   0.028568040727306	   0.108944525314200	   0.237671988222660	   0.296977216213190	   0.212616645309335	   0.110560973209393	
                 PiZ	    5	   0.000504045005842	   0.005304420288587	   0.033492649260292	   0.120777504252425	   0.249194329875607	   0.294507026079130	   0.296220025238117	
                 PiZ	    6	   0.000034978459473	   0.000624569420485	   0.006540976338574	   0.039046841213730	   0.133150291002764	   0.259823617434122	   0.560778726130851	
               Zgrid	   0.039895158324313	   0.359930143754798	   0.679965129185283	   1.000000114615768	   1.320035100046253	   1.640070085476738	   1.960105070907223	
               mupar		   0.500000000000000
              DRIpar		   0.700000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016510391666088 
w    0.253706723228092 
mw    0.326969688094480
u    0.051352546955796 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.659084559764340
Fraction of E>nonE [6.7]    7.203899697027931
Fraction of E [8.2]   10.939018511429692
Ratio mworthJ/mworthW [8]    5.781484307981626
Wealth Gini [0.8]    0.635084799742987
Bankruptcy rate [0.75]    0.646939628845099
U>E [2.2]    3.851456947932853
(UL:    0.027366868342400, US:    0.023985678613396) Unemploy. rate [6.4]    5.135254695579573
IUR (Ui/W) [2.5] = 2.857965
W>E 1 [1.07]    1.157474128557645
W>E 2 [0.89]    0.847425512127822
W>E 3 [1.07]    0.995558540959802
W>U 1 [1.07]    1.398750927215243
W>U 2 [0.89]    0.914872876520292
W>U 3 [1.07]    0.686631833271910
Zero wealth fraction [7- 13]    4.357801250211320
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.008519546234955
Fraction of U>E (rlv to new entrant) [20]    0.232151007004993
Worker exit rate (rlv to workers) [3-6.5]    0.029017379674082
Nshare (US)    0.035993094670866, 	 Nshare(UL):    0.001233235912685, 	 Nshare(WW):    0.001336097549966, 	 Nshare [0.1]:    0.038562428133517
Earning Gini [0.36]    0.465225430841926
Top 1 [30]    0.126905461832058
Fraction U>nonU (rlv to unemployed) [?]   47.896509674749169

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.013126832108821	   0.005198764160560	   0.008313921863557	
   0.009022117209867	   0.006605393683033	   0.007760040267177	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.034496647316197	   0.019381605865104	   0.013369794561917	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.043958075774335	   0.067492302664676	   0.086903928412014	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.015496629806427	   0.005693751801495	   0.007248294789577	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.426044387558546	   0.452868001093193	   0.436273043585499	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.044737303823214	   0.030820685527977	   0.046186406082665	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5210349 	 0.4404505 	 0.0385146 
W 	 0.0212227 	 0.9709826 	 0.0077947 
E 	 0.0098697 	 0.0621693 	 0.9279610 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.025551300831330
Top 1 [41.8]    0.126905461832058
Top 5 [?]    0.313020062801454
Top 10 [77.2]    0.460415233288424
Top 20 [?]    0.645774230814066
Top 40 [?]    0.874427422445307
Bot 20 [?]    0.004891158400149
Bot 40 [?]    0.034585926521439
Bot 60 [?]    0.125572577554693
Bot 80 [?]    0.354225769185934
mworthJ   10.648666883088545
mworthW    1.841856920442996
mworthUi    1.234314566211328
mworthUn    2.549161975758490
avgfirm:   12.981031468397067
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.419997435302468
productionJ (annual)    0.881741831025042
Totalcapital    5.282206974204285
Totallabor    1.091462626109342
Corproduction (annual)    1.100494802744967
Corcapital    3.862209538901817
Totalproduction (annual)    1.982236633770009
capitalJ/Totalcapital    0.268826542056576
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002500484922120
Revenue Basis    0.276911406396130
Optimal tax    0.009318027445271
Optimal tax SEA    0.000000000000000
COST SEA:    0.000090483585763    0.000040249060697
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.839257267929468 
U    0.051352546955796 
VE    0.109390185114297 
-------WELFARE--------
Un -146.923350822043318  Ui -156.152163817318353  J -113.419335437091050  WW -143.344828618846776  Wtot-140.476398951954735   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.172297999364496,    0.249999999999885,    5.211413428818712,    0.645394009626068  
THETA: 1,     0.088179362222833,    0.499999999999782,   12.654948596418651,    1.111564334002173  
THETA: 2,     0.088904016647220,    0.249999999999893,   28.685577292817428,    1.554999109777223  

 GMM ::  132.880995672330812


 ===================Program ended: Thu Feb 29 18:15:47 2024
 in 134.000000 seconds=================
